11467 Huebner Rd - Office FOR SALE


San Antonio, TX 78230- Huntington Place
$4,890,000 USD
512-619-6070
11467 Huebner Rd, San Antonio, TX for Sale
$4,890,000 USD
Office - FOR SALE
1/11
null | 9.25% Cap Rate

11467 Huebner Rd
San Antonio, TX 78230
Huntington Place


HIGHLIGHTS

  • Proven historically full-occupancy boutique office among strong demographic neighborhoods and in a robust office submarket
  • Highly-amenitized area with over 500,000 SF of retail and entertainment one block away
  • Upside potential with mark-to-market rents
  • Less than 50% of replacement costs
  • Major capital investment in tenant improves completed in 2024
  • Track record of high demand - maintaining 98%+ occupancy at year-end since 2018

OVERVIEW

This 3-story boutique office building was built in 2003, spans 38,443 rentable square feet and has a a strong tenant mix that includes attorney offices, software development, medical billing, and a BCBS affiliated benefits administrator. The Property offers investors an opportunity to buy an exceptionally located historically stable office building with in-place rents 10% below market at less than 50% of replacement cost. The Property is also suitable for a user-buyer with cash flow in-place until they backfill tenant spaces with future expiration dates.

FOR SALE DETAILS

PRICE

$4,890,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

9.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midway Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

133

LAND DETAILS

LAND ACRES

1.97 AC

LAND SF

85,813 SF

ZONING

C-2 Commercial

APN/PARCEL ID

17333-001-0030

ASK ABOUT THIS PROPERTY

Bradley BaileyCBRE, Inc.More Info
512-619-6070

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Bradley BaileyCBRE, Inc.More Info
512-619-6070

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.